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Zomato lets go of 600 employees amid slowdown and AI efficiencies

YourStory LogoYourStory1d ago

Zomato lets go of 600 employees amid slowdown and AI efficiencies - YourStory

Quick Summary:

Zomato, soon to be named Eternal, hasn't renewed contracts of the majority of workers associated with its Zomato Associate Accelerator Programme.

Its quick commerce arm, Blinkit, has gone back to red amid stiff competition and rapid expansion across pincodes and assortment.

These developments come as the food delivery sector sees sluggish growth and slowdown amid muted urban consumption.

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Article Details

Author / Journalist: Akshita Toshniwal

Category: StartupsEconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-01 @ 09:03:29 (1 days ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 357 words

Reading Time: 2 minutes read

Sentences: 24 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 27509946

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About YourStory

YourStory Logo

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 36 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #44

Publisher Details

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The story "Zomato lets go of 600 employees amid slowdown and AI efficiencies" has 357 words across 24 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "Zomato lets go of 600 employees amid slowdown and AI efficiencies" was covered 1 days ago by YourStory, a news publisher based in India.

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YourStory is a fully independent (privately-owned) news outlet established in 2008 that covers mostly startups, economy, and business news.

The outlet is headquartered in India and publishes an average of 36 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #27509946
  • URL: https://beamstart.com/news/zomato-lets-go-of-600-17434986194815

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